Helal Miah

Shawbrook – Changes to Lending Criteria

Following on from Shawbrook’s recent criteria update, they have had to make some further adjustments to their lending criteria. These changes reflect risk appetite adjustments in the current market, however, they will continue to review these changes as they remain committed to lending to your customers. These changes include: Valuations: Demand for Letting: Rental Demand

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Octopus – BTL Product is Back

Good news to start the week – Octopus’s BTL product is back today. Look below for the new matrix for you to look over with updated rates and appetite. Have any new enquiries you would like them to review? Points to note: Support First-time landlords, First-time buyers, Foreign Nationals (on & offshore) and Ex-Pats. They

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Foundation Home Loans – Launch New Pricing Across Buy to Let Range

As of today, Thursday 27th October, Foundation Home Loans have made changes to their buy-to-let products for purchase and remortgage. The New Buy to Let Range Includes: 2-year ERC-free Discounted Variable rate buy to let products starting at 5.99% 5-year Fixed rates across the F1-F3 tiers 5 year fixed Green ABC+ with one free valuation

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The Mortgage Lender – Withdrawal of Residential Help to Buy Products

With effect from close of business, Monday, October 31st, TML will be withdrawing their full residential Help to Buy product range due to the scheme closure. This would be the deadline for submission of any full mortgage applications. This is the only change to residential products, but an updated Products Rates & Fees files is

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Foundation Home Loans – Changes to Rental Cover Requirements

The way that Foundation Home Loans calculate rental cover for applications with products with an initial rate less than 5 years has changed. Rental cover requirements for applications on 5-year products have not changed; these are still calculated these at the pay rate. However, for short-term rates such as two-year fixes and two-year discounts, the

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Kick Off the Week with Kent Reliance on Monday 31st October 2022 9.30am -10.15am

Kick off the week with Kent Reliance

Jonathan Mann, Corporate Account Manager from Kent Reliance will join Emma at next week’s Kick-Off Meeting at 9.30 am, Monday 31st October. With house prices at near record highs, and customers’ affordability being stretched to the limits with increasing costs of living, it’s no wonder that brokers need to think outside of the box and

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Foundation Home Loans – Launch New Pricing Across Residential Range

As of today, Tuesday 25th October, Foundation Home Loans have made changes to their residential products for purchase and remortgage. The new residential range includes: 2-year ERC-FREE Discounted variable rate residential products starting at 5.99% 2-year and 5-year Fixed rates across the F1-F4 tiers Fee-assisted 5-year fixed rates at 75% LTV Professionals and Residential Green

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